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Forex lazarevskoye

forex lazarevskoye

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This past year, one of the most volatile and challenging for the tubular industry, will be remembered as a turnaround year for TMK. These high-points were achieved despite the unprecedented increases in commodity prices observed in the first half, the impact of the global financial crisis on demand in certain pipe segments and the necessary stoppage of production facilities, essential to modernise seamless and large-diameter pipe production.

TMK finished with positive results, the Company increased its presence in global markets and launched state-of-the-art production technology, allowing it to broaden and improve its product mix. Driven by strong demand, prices in these segments showed resilience despite the sharp drop in metal prices in the second half of the year.

Compared to , pipe prices in Russia and the U. Favourable raw material prices in the second half of the year partly offset the negative effects of the global financial crisis and weakening demand in the seamless and welded industrial pipe segments.

With its strong focus on the oil and gas industry, TMK fared better than other companies in the pipe and metallurgical sector as the industrial pipe market deteriorated in the second half of the year. As a result, TMK expects to once again improve its year-on-year financial performance. For , consolidated revenues are expected to be about USD 5. As mentioned, was a year of significant change for TMK.

TMK further expanded geographically as it entered the U. At the same time, TMK continued to develop its premium class product offering and was awarded a series of supply contracts from oil and gas majors, further evidence to the progress realised in this high-tech product segment.

To pinpoint the difference between Russia and the U. Interestingly, some experts note that overall the situation on the real estate market in the two countries is somewhat similar. Ivan Kapustyansky, leading analyst at Forex Optimum investment company, says that, despite seemingly high American salaries, an average U.

So they choose to rent as well. If using any of Russia Beyond's content, partly or in full, always provide an active hyperlink to the original material. This website uses cookies. Click here to find out more. Is housing cheaper in Russia than in the U. Nov 21 Is it even possible to compare the two? And how big is the difference? Subscribe to our newsletter!

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